4301 Melbourne AveLos AngelesCA90027
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Los Angeles at 4301 Melbourne Ave, Los Angeles, CA, 90027 generates $3,102/mo in rent, after a $9,740/mo payment. Total monthly income is $3,102/mo. Return on cash invested sits at 3.23% in year one, and rental yield is 1.87% on a $1,990,000 entry. Equity gained on principal adds $12,841/yr, while 5% annual appreciation builds toward $549,800 over five years. Five-year ROI reaches 13.31% and total cumulative return in cash sums $85,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,102/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90027, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,481 (100%) |
| Owner Occupied HU | 4,263 (17.4%) |
| Renter Occupied HU | 18,646 (76.2%) |
| Vacant Housing Units | 1,572 ( 6.4%) |
| Median Home Value | $1,640,148 |
| Average Home Value | $1,595,193 |
Housing Distribution
Address Breakdown
Residential
23,675
Single Family
8,255
Multi-Family
15,420
Businesses
1,258
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Listed by: Dennis Chernov • The Agency
Mls Name: CRMLS
Mls ID: #SR25159378